YEARLY HIGH
0.1560 BND
YEARLY LOW
0.1464 BND
YEARLY AVERAGE
0.1527 BND

2024 SVC to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1560. Conversely, the yearly low was recorded on September 30, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0096 BND. From a start-to-finish perspective, comparing the January average rate of 0.1526 to the December average rate of 0.1543, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1560 was down 0.69% compared to the 2023 peak of 0.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SVC based on timing:

Yearly Peak High 780 BND
2023 Average 768 BND
Yearly Trough Low 732 BND
Transaction Impact: A difference of 48.00 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1558
0.1474
JanuMarcMayJulySeptNove

SVC to BND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1539, compared to 0.1515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1539
H2 Avg (Jul–Dec) 0.1515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0043 BND (High: 0.1515 / Low: 0.1471). On the other end, June was the most stable month, with a tight range of 0.0013 BND (High: 0.1551 / Low: 0.1538).

October Spread (Volatile) ±0.0043
June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1551) against the same month in 2023 (average: 0.1522), the exchange rate shifted by +0.0029 (+1.91%).

2024 Avg (April) 0.1551
2023 Avg (April) 0.1522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1536 0.1508 0.1526
February 0.1543 0.1523 0.1536
March 0.1545 0.1520 0.1533
April 0.1560 0.1538 0.1551
May 0.1560 0.1536 0.1545
June 0.1551 0.1538 0.1545
July 0.1553 0.1532 0.1539
August 0.1529 0.1487 0.1505
September 0.1497 0.1464 0.1481
October 0.1515 0.1471 0.1496
November 0.1541 0.1504 0.1527
December 0.1558 0.1531 0.1543